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1 F
Grade
$649,999💡 🏦 DSCR 25%dn: $-2,697/mo
F
$649,999
1306 E North Bay St, Tampa
FL
F
21
Cashflow
$-3,838/mo
CoC ROI
-82.7%
Rent Est
$3,098/mo
HUD FMR · GRM 17.5
Cap Rate
1.2%
💡 OPPORTUNITY — alternative strategies
🤝 Seller Finance: $-2,937/mo🏦 DSCR 25%dn: $-2,697/mo
🏠
F
21
$649,999
1306 E North Bay St
Tampa · 3bd/2.0ba · Single
1,864 sf · Built 2020
$-3,838
Cash Flow
-82.7%
CoC ROI
1.2%
Cap Rate
$55,658
Cash In
Property Breakdowns
F
21
1306 E North Bay St Single
Tampa, FL 33603 · 3bd/2.0ba · 1,864sf · Built 2020
$649,999
Asking Price
Asking Price
—
3.5% down, great for first-time buyers
Down Payment: $22,750
Loan Amount: $638,226
Fees / MIP: $10,977
Closing Costs: $19,500
Reserves (3mo): $13,409
Total Cash Needed: $55,658
Monthly Expenses
Mortgage P&I+MIP: $4,469.52
Property Tax: $1,056.25
Insurance: $248.53
HOA: $0.00
Maint + CapEx: $758.34
Vacancy + Mgmt: $402.68
Total: $6,935.31/mo
Returns
Market Rent (all units): $3,098
Your Rental Income: $3,098
Cashflow: $-3,838/mo
Annual: $-46,054/yr
Cash-on-Cash ROI: -82.7%
Cap Rate: 1.2% · DSCR: 0.14x
💡
CREATIVE FINANCING — HOW TO MAKE THIS DEAL WORK
This property shows $-3,838/mo negative cashflow with standard financing. Here are approaches that could turn it positive:
🤝 Seller Financing
Negotiate 10% down at 5.0% with the seller. Projected cashflow: $-2,509/mo (vs $-3,838/mo conventional).
💰 DSCR Loan (25% Down)
Higher down payment, lower rate (6.5%). Projected cashflow: $-2,450/mo — saves $1,388/mo.
✈️
AIRBNB / SHORT-TERM RENTAL ANALYSIS
LEGAL
Confidence: 60%
AVG NIGHTLY
$230
OCCUPANCY
53%
GROSS / MO
$3,657
STR CASHFLOW
$-4,774/mo
STR vs LTR
-76%
BREAKEVEN OCC
100%
STR EXPENSES BREAKDOWN
Platform fees: $110
Cleaning: $509
Management (20%): $731
Utilities: $425
Taxes (12%): $439
Other: $343
Cleaning: $509
Management (20%): $731
Utilities: $425
Taxes (12%): $439
Other: $343
FURNITURE SETUP
Furniture: $7,900
Appliances: $800
Kitchen + Linens: $1,050
Electronics: $600
Decor + Supplies: $700
Total Setup: $11,350
Appliances: $800
Kitchen + Linens: $1,050
Electronics: $600
Decor + Supplies: $700
Total Setup: $11,350
🛡
LTR is safer bet
LTR: $-3,838/mo · STR: $-4,774/mo · CoC ROI: -106.9%
🏠 RENTAL COMPS
AVG MARKET RENT
$3,097/mo
RANGE
$3,097 – $3,097
CONFIDENCE
LOW
N/A
Our estimate
$3,097/mo ✅ Inline with market
No comparable rentals found in 33603
📍 NEIGHBORHOOD SCORE 🔒 Pro
▶🤖 SpillAI ANALYSIS 🔒 Pro
TOP UPGRADES BY ROI
📷 Upload photos for AI analysis
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
| CRIT | Full Interior Paint | $5,126 | +$15,378 | 300% |
| HIGH | Door/Cabinet Hardware | $475 | +$1,425 | 300% |
| HIGH | Landscaping & Curb Appeal | $2,250 | +$9,000 | 400% |
| HIGH | Light Fixture Update | $1,800 | +$3,600 | 200% |
🔨
FIX & FLIP
High Confidence
- • Decent forced equity (+$21,952)
- • Excellent reno ROI (315%)
- • Negative cashflow ($-3,838/mo) — poor rental hold
- • Low cap rate area — better flip than hold
❌
IS IT WORTH IT?
NO — Walk Away
- • Heavy negative cashflow ($-3,838/mo)
🛡
NEIGHBORHOOD SAFETY
4/10
Moderate
Some crime concerns, exercise normal caution
21
AI Deal Score
21/100
❌ Skip
🏠 OWNER / LANDLORD
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Hillsborough County Property Appraiser →
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Hillsborough County Property Appraiser →
📈 10-YEAR EQUITY PROJECTION
▶🔨 FIX & FLIP ANALYSIS
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